Chart of Account Types
From the menu bar, click Maintenance, click Ledger Maintenance and click Chart of Account Types or press Alt N L H on the keyboard.
Chart of Account Types is used to define the types of your ledger accounts, such as Asset, Liability, Equity, Income, Expense or Non-Operating. A minimum of one sub type must be assigned to each type. The sub type further defines the type of ledger account. For example, the type Asset will have sub types called Current and Fixed.
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